Economy expands 3.71pc in 1QFY26 |
ISLAMABAD: Pakistan’s economy grew by 3.71 per cent in the first quarter (July-September) of the current fiscal year, a sizable increase from 1.56pc recorded in the same period last year.
However, the economy slowed down when compared with the 6.17pc expansion in the previous quarter (April-June), apparently due to weak consumer demand and the impact of monsoon floods weighing on overall economic activity, according to data released by the National Accounts Committee (NAC) on Tuesday.
The year-on-year quarterly growth was mainly driven by a 9.38pc increase in the industrial sector, followed by 2.89pc growth in the agriculture sector and 2.35pc in the services sector. The combined performance of these three key sectors contributed significantly to the overall economic expansion during the........